To apply for a CrossCountry mortgage online, first provide loan information, including the purpose of the mortgage, the desired loan type and amount, the type of property, and the desired use of the property you wish to purchase, according to the lender's website. Next, provide your contact information. After completing and submitting the online application, a CrossCountry branch manager contacts you.
CrossCountry Mortgage, Inc. offers loan products such as home equity loans, Federal Housing Authority loans, Veterans' Administration loans and United States Department of Agriculture loans, reports the lender's website. The company also offers home refinancing, as well as the Home Affordable Refinance Program, or HARP.
CrossCountry recommends different loan products to homebuyers based on the amount of time a purchaser plans to remain in the residence, explains the lender's website. CrossCountry recommends that homebuyers planning to spend at least 10 years in a home use a 15- or 30-year fixed-rate mortgage, whereas it advises homebuyers planning to spend one to three years in a home to take out a 3/1 adjustable-rate mortgage or to take out a six-month or one year adjustable-rate mortgage. With a fixed rate mortgage, homebuyers receive the benefit of a fixed interest rate and set monthly payments, but these buyers may also encounter higher interest rates.